
7 Princeton Street Peabody — Photo 1 of 41
$820,000
7 Princeton Street, Peabody, MA 01960
Peabody, MA 01960 — Brooksby Farm
Beds
4
Baths
2.5
SqFt
2,372
Style
Single Family
Built
1961
Welcome to 7 Princeton Street! This exceptionally well-maintained 4+ bedroom home is set on nearly a half-acre in a sought-after, established Peabody neighborhood and offers an impressive footprint inside and out. Pride of ownership is evident throughout, with important improvements already in place, including high-efficiency gas heating and central air. The main level alone offers over 1,700 sq. ft. of living space with a spacious living room, dining room, kitchen, three bedrooms, plus a primary bedroom and large family room off the kitchen, providing an abundance of space and a flexible floor plan. Hardwood flooring lies beneath the carpeting throughout the original living room, dining room, hallway and three bedrooms . . an opportunity to uncover and restore the home’s original hardwood. A large trex deck with gas line overlooks the generous yard and extends the living and entertaining space outdoors. The spacious lower level offers tremendous expansion potential, with a family room featuring a fireplace, built-in bar, additional room and half bath, plus plenty of opportunity for the next owner to reimagine the space. The property also offers a generous dedicated storage area. A solid, exceptionally well-cared-for home offering remarkable space, flexibility and a beautiful lot with plenty of room to make it your own.
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Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Peabody, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Tankless Water Heater • Oven • Dishwasher • Microwave • Range • Refrigerator • Washer • Dryer • Range Hood
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Golf • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First18 x 14
Flooring - Hardwood, Flooring - Wall to Wall Carpet, Open Floorplan
Dining Room
Lvl Main,First11 x 11
Flooring - Hardwood, Flooring - Wall to Wall Carpet, Open Floorplan, Lighting - Pendant
Kitchen
Lvl First14 x 14
Flooring - Stone/Ceramic Tile, Dining Area, Open Floorplan, Recessed Lighting
Family Room
Lvl First14 x 16
Cathedral Ceiling(s), Ceiling Fan(s), Flooring - Wall to Wall Carpet, Deck - Exterior, Exterior Access, Slider, Sunken
Primary Bedroom
Lvl First14 x 16
Closet, Flooring - Wall to Wall Carpet
Bedroom 2
Lvl Main,First15 x 13
Bedroom 3
Lvl Main,First10 x 13
Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl Main,First10 x 10
Closet, Flooring - Hardwood, Flooring - Wall to Wall Carpet
Bedroom 5
Lvl Basement10 x 9
Closet, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl Main,First5 x 9
Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl Main,First8 x 6
Bathroom - 3/4, Bathroom - Tiled With Shower Stall
Bathroom 3
Lvl Basement6 x 4
Bathroom - Half, Flooring - Stone/Ceramic Tile
Population
54,474
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$97K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
34.6%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,372 sq ft principal dwelling). Lot size: 19,759 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Listing Agent: Joyce Sullivan
Listing Office: Serhant
MLS® Number: 73576975
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